• Flat D, 10/f., World Trust Tower, 50 Stanley Street, Central, HK

School and IMC Liability Insurance

 

People always ask me: Why would a school need their own School Liability Insurance? Especially if some form of School Liability Insurance is being covered by the government.

 

We all know Education Bureau has provided Incorporated Management Committee Liability Insurance Policy (IMCLIP) to protect the IMCs and their managers on top of the legal protection conferred by the Education Ordinance against financial losses as a result of claims arising from their wrongful acts in school management.

However, IMCLIP does not cover the liability resulting directly from the day to day operation of the school. For example, the principle of the school, while being covered under the capacity as a director of the IMC, they will not be covered if they became liable in case of wrongful dismissal.  Parents can sue the school and the teacher for failure to supervise, and so on. Liability like this can only be covered by a stand-alone School Liability Insurance.

Our tailor-made School Liability Insurance policy is designed to protect not only the IMC members but also the teaching organization board members, Governors, employees, teachers, and volunteers from claims arising out of any breach of duty, neglect, error, misstatement or omission committed in the course of their day to day activities.

 

The three main area of coverage in our School Liability Insurance are:

  • 1) Management liability

  • 2) Educator liability

  • 3) Employment practices liability.

School liability insurance also protects board members’ individual assets from litigation and it will extend coverage to protect board members, students, teachers and employees from wrongful termination, discrimination and sexual harassment.

 

In the overwhelming rush of the daily school management, let Grand Trust Underwriters’ School liability insurance bring you the peace of mind of being protected.

If you want to inquire about the full coverage School Liability Insurance policy and how you can be protected, contact us today!